DOING BUSINESS IN MICHIGAN

Michigan Economic Development Corporation
517-719-0393
proctors1@michigan.org
www.michiganbusiness.org

Doing Business in Michigan

Team Michigan wants to earn your investment. Rooted in relationships, not transactions, we believe in understanding your project, de-risking it, and ensuring your ongoing success once you are here. Our innovative history, international boundaries, plentiful water, and world-class talent ensure that businesses of all sizes have everything they need to Make it in Michigan.

— Quentin L. Messer Jr., CEO,
Michigan Economic Development Corporation
Doing Business in Michigan
Grand Rapids, Michigan is the second-largest city in the state. (Photo: Pure Michigan)

  TARGETED GROWTH SECTORS

Automotive and EV: Michigan, with its manufacturing legacy and tech expertise, is the epicenter for the past and future of mobility.


Life Sciences: Michigan’s manufacturing prowess and world-class medical device companies make the state a top-tier location for life sciences industries.


Technology: From startups creating tomorrow’s solutions to ever-crucial semiconductor manufacturers, Michigan is a tech hub where multiple industries thrive.

  TOP PROJECTS

COMPANY
LOCATION
JOBS
General Motors
Orion Township
2,350 jobs
Gotion
Big Rapids
2,350 jobs
General Motors, LG Energy Solution, Ultium Cells
Lansing
1,700 jobs
LG Energy Solution
Holland
1,700 jobs
Our Next Energy
Novi
1,200 jobs

FEATURED LOCATIONS

Michigan Economic Development CorporationAs a top-10 state for R&D, Michigan is where America’s most innovative companies are shaping the future. With the leadership and support of the Michigan Economic Development Corporation, the state offers the ideal ecosystem and workforce to scale businesses from ideation and experimentation to production and distribution.

  FAST FACTS

Population (July 2022 est.): 10,034,113¹
Largest Cities (2020): Detroit (638,176); Grand Rapids (198,173); Warren (139,129); Sterling Heights (134,151); Ann Arbor (122,531)¹
Real GDP (2022): $490.3 billion²

¹ U.S. Census Bureau;
² Bureau of Economic Analysis, U.S. Dept. of Commerce

  TALENT DEVELOPMENT & BUSINESS OUTREACH

Talent Action Team: The Talent Action Team offers tailored talent solutions, serving as the public-private matchmaker for education institutions, companies, and jobseekers.

Strategic Outreach Attraction Reserve (SOAR) Fund: More than $2 billion funds business incentives to create investment-ready sites and provide economic incentives for in-state and out-of-state investments.

  TOP BUSINESS FACILITIES RANKINGS

#1 Automotive
2023 State Rankings
#1 EV Industry Investment
2023 State Rankings
Top 5 Manufacturing Jobs (% of workforce)
2023 State Rankings
Top 10 Customized Workforce Training
2023 State Rankings
Top 10 Tech Talent Pipeline
2023 State Rankings
#3 Best Business Climate (Mid-Sized): Grand Rapids
2023 Metro Rankings
Top 5 Most Affordable Cities (Mid-Sized; Over 50K Pop.): Kalamazoo
2023 Metro Rankings
Top 10 Housing Growth (Large Cities): Detroit
2023 Metro Rankings
Top 10 Manufacturing Hubs (Small): Kalamazoo
2023 Metro Rankings
Top 10 Manufacturing Hubs (Large): Detroit/Warren/Dearborn
2023 Metro Rankings

From the July / August 2023 issue of Business Facilities

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